NOT LISTED FOR SALE

222 E Pine St Georgetown, DE 19947

Estimated Value: $220,000 - $392,000

Studio
2 Baths
1,000 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $85,000 $85 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $1,557/month

3 Days on Market

Highlights

  • Saltbox Architecture
  • Space Heater
  • Carpet
  • No HOA

About This Home

As of August 2016

Established Rental Income! Residential Multi Family property with 3 bedrooms and 2 bathrooms.

Last Agent to Sell the Property

Jose Quinones

(302) 883-1928 jose@askforjose.com Linda Vista Real Estate License #RB-0020840 Listed on: 04/20/2016

Last Buyer's Agent

Jose Quinones

(302) 883-1928 jose@askforjose.com Linda Vista Real Estate License #RB-0020840 Listed on: 04/20/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $684

Year Built

  • Built in 1874

Lot Details

  • 6,970

Home Design

  • Saltbox Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,000 Sq Ft Home
  • Carpet
  • Electric Oven or Range

Additional Features

  • 6,970 Sq Ft Lot
  • Space Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 135-15.17-91.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$684

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Salt Box
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1874
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet
  • Fireplace: No
  • Foundation Details: Slab
  • Level Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Net Sq Ft: 1000.00
  • Price Per Sq Ft: 99.50
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Type: Space Heater
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Units: Acres
  • Lot Sq Ft: 6970.00
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5130591
  • Tax Annual Amount: 684.00
  • Assessor Parcel Number: 135-15.17-91.00
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
Aug 8, 2016
Sold by
Carey Mcihael R
Bought by
Aleman Craig De Mariana and Aleman Mirla Elizabeth
Seller's Agent
Jose Quinones
Linda Vista Real Estate
Buyer's Agent
Jose Quinones
Linda Vista Real Estate
List Price
$99,500
Sold Price
$85,000
Premium/Discount to List
-$14,500
-14.57%
Current Estimated Value
$289,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,682
Avg. Annual Appreciation
13.46%

Purchase Details

Listed on
Apr 20, 2016
Closed on
Aug 5, 2016
Sold by
Carey Mcihael R
Bought by
Aleman Craig De Mariana and Aleman Mirla Elizabeth
Seller's Agent
Jose Quinones
Linda Vista Real Estate
Buyer's Agent
Jose Quinones
Linda Vista Real Estate
List Price
$99,500
Sold Price
$85,000
Premium/Discount to List
-$14,500
-14.57%

Purchase Details

Closed on
Dec 13, 2011
Sold by
Ronald L Ronald L and Carey Shirley M
Bought by
Carey Ronald L and Carey Shirley M

Purchase Details

Closed on
Dec 8, 2011
Sold by
Ronald L Ronald L and Carey Shirley M
Bought by
Carey Ronald L and Carey Shirley M
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aleman Craig De Mariana $85,000 None Available
Aleman Craig De Mariana $85,000 None Available
Carey Ronald L -- --
Carey Ronald L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $85,000 -14.6% $85 / Sq Ft
04/23/2016 04/23/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $99,500 -- $100 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $630 $9,650 $1,200 $8,450
2024 $399 $9,650 $1,200 $8,450
2023 $399 $9,650 $1,200 $8,450
2022 $392 $9,650 $1,200 $8,450
2021 $380 $9,650 $1,200 $8,450
2020 $363 $9,650 $1,200 $8,450
2019 $361 $9,650 $1,200 $8,450
2018 $365 $9,650 $0 $0
2017 $368 $9,650 $0 $0
2016 $324 $9,650 $0 $0
2015 $334 $9,650 $0 $0
2014 $353 $9,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001016586

Bright MLS

APN: 135-15.17-91.00